Skip navigation
Retail Traffic

Caruso Wins First Round of Mall Wars

The outdoor lifestyle center has defeated the enclosed mall-at least in Glendale, Calif. On Tuesday night, voters in the southern California city narrowly approved three measures that would allow renowned developer Rick Caruso to build his $264 million Americana at Brand outdoor mall.

The vote follows months of a heated campaign between Caruso and General Growth Properties, which funded the petition for a referendum election on the mall and owns the nearby Glendale Galleria.

Opponents to Caruso's 265,000-square-foot-center said the proposed mall does not fit in with area business and would cause traffic jams. The Americana will include retail, restaurants, movie theatres and a two-acre park in the middle of the city.

"The voters saw through General Growth's campaign of misinformation, deception and outright lies and perceived it for what it was-an effort to head off competition," said Rick Caruso in a press release, CEO of Caruso Affiliated, which will develop the mall.

It is estimated that Caruso spent $1.8 million in direct mail, print ads and television commercials to defend his project, while General Growth spent $1.5 million in its opposition campaign.

General Growth wasn't immediately available for comment.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish